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Technology Stocks : Apple Inc.

AAPL 273.67

+0.5%

Dec 19 9:30 AM EST

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To: WebDrone who wrote (11814)	4/19/1998 10:25:00 AM
From: devil ray	Read Replies (3) of 213177

I do not short stocks, it can be a foolish thing to do in a bull market.. I will buy puts, but like I said short term this stock will probably do well. It may even get to your 39 but long term the company is probably going to run into trouble. As for m.m manipulation friday there was none on this stock. there also was none thurs. What there was a lot of though was selling into the strength at the $28-$29 level. I have a software program that detects buy and sell orders and it showed on thurs and friday that there were actually more sellers. The reason the stock went up thurs. is because it GAPPED up. From that point on though, it went down. The reason I bought the jul30 calls is because this looks like a resistance point and the weak hands are bailing out. I then think the stock will move through that level and the conference in may could give it a further boost. My hope is that the consolidation at this level will be shortlived and it will hit $31 before the next resistance.

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